Introduction:
Leading mining company has resumed operations at its Bilaspur Unit in Chhattisgarh, with the Kiln now lit and production fully normalized. This ensures smooth operations and continuity in its supply chain after a brief halt announced on December 17, 2024.
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Share price movement of Goa Carbon:
On January 2, 2025, Goa Carbon Ltd opened at ₹716.00, up 2.77% from its previous close of ₹696.80. The stock reached a high of ₹762.50 (9.44%) and a low of ₹714.00. By 10:09 AM, it traded at ₹748.25, a 7.38% increase, with a market cap of ₹684.73 crore.
Goa Carbon Resumes Operations at Bilaspur Unit:
Goa Carbon Limited announced the resumption of operations at its Bilaspur Unit in Chhattisgarh. Following the lighting up of the Kiln, production has been fully normalized, ensuring continuity in its operations and supply chain.
The company had previously notified the exchange on December 17, 2024, regarding the temporary halt. With operations now back on track, Goa Carbon aims to meet its production targets and strengthen its position in the carbon manufacturing industry.
Recent news on Goa Carbon:
As of December 26, 2024, Goa Carbon announced the temporary shutdown of its Goa unit for maintenance work. The unit, located at St. Jose de Areal, Salcete-Goa, will remain closed starting December 25, 2024, for essential maintenance.
Stock performance of Goa Carbon for Period of 1 week, 6 months and 1 year:
Goa Carbon Ltd has seen a marginal 0.08% return over the past week, with a decline of 14.8% over the last six months. However, the company has delivered a solid 21.4% return over the past year, reflecting long-term growth.
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Shareholding pattern of Goa Carbon:
| All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
| Promoter | 59.70% | 59.70% | 59.70% |
| FII | 0.10% | 0.10% | 0.10% |
| DII | 0% | 0.00% | 0.00% |
| Public | 40.20% | 40.20% | 40.10% |
About Goa Carbon:
Goa Carbon Limited (NSE: GOACARBON), established in 1967, is a leading producer of Calcined Petroleum Coke (CPC) in India. With manufacturing units in Goa, Paradeep, and Bilaspur, it serves industries like aluminium, graphite, and refractories.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
